The M5 and M15 time frames may have more false entry points.
FX.co ★ #EBAY M15: Bullish Symmetrical Triangle
Signal strength 2 of 5
#EBAY M15: Bullish Symmetrical Triangle
According to the chart of M15, #EBAY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 62.56/62.00 whereas the lower border goes across 61.47/62.00. The pattern width is measured on the chart at 109 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 62.00 is broken, the price could continue its move toward 62.22.
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